/biz/ - Business & Finance

Its going to the m00n

So, unlike the majority of KDA holders, let me get this straight:
The blockchain is scalable — but if too many people transact on a single chain, it will get congested, and gas fees will rise. This incentivizes people to use other chains, but if your tokens are on a congested chain, you cannot move them without paying the high gas fees. Regardless of how many miners mine whatever chain, you cannot escape this congestion.
Dapps will have to be scaled across many chains, which according to the CEO is “more than doable.” And yet, no one does this. The lack of atomic txs makes this difficult, as you cannot roll back a tx if one part of it on one chain fails. And yes, cross-chain atomic txs don’t exist and are currently impossible so you can’t fault Kadena for not being able to do the impossible. However, doesn’t this make cross-chain dapps impossible too?
Also, would an cross-chain interoperability protocol like Chainlink’s CCIP fix this? As Chainlink says: “[CCIP] will automatically move the tokens cross-chain and deploy them in smart contracts on the destination chain within an atomic transaction.” So, will this actually enable Kadena to fully utilize its scalability with atomic txs?

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